Viola Davis, star of "The Help" and Streep's longtime friend, is also nominated, and as she joked with CNN's Showbiz Tonight, she's ready to take on "The Iron Lady" on the streets.

"Friendly competition -- although, I can whoop Meryl Streep's behind in a good, old fashioned street fight," she said. "Now, as far as the Oscars, I'm not sure about that."

In all seriousness, though, Davis raves about the friend she "loves more than anyone," so, extinguish that talk about any rivalry between the two stars. Unless that statuette is up for grabs -- then it's gloves off.